Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Short Interest Update

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 506,700 shares, an increase of 7.3% from the March 15th total of 472,300 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 193,300 shares, the short-interest ratio is currently 2.6 days.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Down 0.5 %

Shares of CRESY stock traded down $0.04 during mid-day trading on Wednesday, hitting $8.73. The company’s stock had a trading volume of 159,011 shares, compared to its average volume of 192,273. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52 week low of $5.51 and a 52 week high of $10.19. The company has a market cap of $518.04 million, a PE ratio of 2.47 and a beta of 1.17. The company’s fifty day simple moving average is $8.49 and its 200-day simple moving average is $8.53. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.89 and a current ratio of 1.18.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last issued its earnings results on Thursday, February 8th. The company reported ($0.56) EPS for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a net margin of 24.32% and a return on equity of 8.22%. The firm had revenue of $246.62 million during the quarter.

Institutional Trading of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quadrature Capital Ltd increased its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 89.6% in the 4th quarter. Quadrature Capital Ltd now owns 107,750 shares of the company’s stock valued at $1,020,000 after buying an additional 50,923 shares in the last quarter. Cubist Systematic Strategies LLC increased its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 229.1% during the 4th quarter. Cubist Systematic Strategies LLC now owns 33,454 shares of the company’s stock worth $317,000 after purchasing an additional 23,288 shares in the last quarter. Sei Investments Co. increased its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 32.5% during the 4th quarter. Sei Investments Co. now owns 124,127 shares of the company’s stock worth $1,177,000 after purchasing an additional 30,446 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter worth approximately $544,000. Finally, Kopernik Global Investors LLC bought a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter worth approximately $7,384,000. 12.90% of the stock is owned by institutional investors.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments.